Jobs · Finance · New York

Public Sector - Higher Education Consultant

Alvarez & Marsal · New York, NY · 1 wk ago
On-siteFinance$150k–$225k/yrFull-time

About the role

Since 2003, Alvarez & Marsal Public Sector Services (PSS) has helped government, education, and non-profit clients identify new ways to overcome challenges and implement sustainable change — pioneering a progressive, pragmatic, and forward-looking approach based on private-sector operational and financial improvement principles. Our Public Sector Education Practice (PSE) works to help clients realize responsible and effective use of limited financial resources to drive improved life opportunities while harnessing innovative solutions to transform organizations and support student achievement.

Individually, we are finance and operations leaders with deep industry experience. Together we work to unlock the potential of students and lifelong learners by generating equitable and effective education processes, delivered with maximum efficiency, empowered by the best in human and technological innovation. With a commitment to positive social impact, we foster a vibrant, inclusive workplace of diverse voices and talents.

This is a hybrid role spanning remote, client, and in-office work locations and requires travel.

Responsibilities

  • Assist in the planning and execution of project phases, and supervise others as necessary to ensure:
    • Coordinating work efforts with the client
    • Completion of defined deliverables
    • Adherence to project milestones and timelines
    • Communication of progress to all parties (internal and external)
    • Managing team members, as necessary
  • Determine client needs by supplementing standard assessment techniques and tools with innovative approaches
  • Evaluate and validate analysis and develop recommendations for the client in the context of the overall engagement
  • Implement and oversee the quality of deliverables
  • Effectively manage the team and day-to-day relationships to ensure exceptional performance
  • Participate in the development and presentation of proposals for business development activities
  • Provide financial management consulting services to education institutions (school districts, LEAs, SEAs, etc.), including financial analysis, forecasting, and planning
  • Prepare and present financial reports to various stakeholders within education institutions, including the school board, district leadership team, and external partners
  • Develop and implement financial stabilization plans and strategies for education institutions in crisis or at risk of financial instability
  • Develop and maintain financial models to support decision-making related to revenue projections, expense forecasting, and cash flow management
  • Conduct financial assessments and risk analyses to identify potential financial issues and develop appropriate action plans
  • Collaborate with education institution leaders to develop and monitor annual budgets, including revenue and expense assumptions, and adjust forecasts as needed based on changes in district priorities, economic conditions, or other factors
  • Analyze financial statements and budgets to identify cost-saving opportunities and revenue growth potential
  • Analyze financial data, prepare reports, and provide recommendations to education institution leadership on budgeting, forecasting, and financial planning activities
  • Develop and implement financial management tools and processes that enable education institutions to effectively manage their financial resources
  • Monitor and analyze financial performance metrics to identify trends and potential areas of concern, and make recommendations for improvement
  • Research and stay up to date on industry trends and best practices, emerging technologies related to education finance, and share knowledge with district leadership and staff as appropriate

Requirements

The ideal candidate will have experience and knowledge in many of the following areas:

  • Public Sector Budgeting and Long-term financial planning
  • Efficiency assessment and improvement
  • Operations Analysis (transportation, maintenance, etc.)
  • Workforce modeling and analysis
  • Financial planning and analysis
  • Financial policies, procedures, and regulations
  • Treasury and working capital management
  • Resource Allocation
  • Experience serving in interim leadership capacities (a plus)
  • Experience developing reports and analytics from financial management systems (Oracle, SAP, Peoplesoft, etc.)
  • Full-cycle accounting and finance processes and performance improvement (i.e., Procure to Pay, Record to Report, Invoice to Cash)

Qualifications

  • Bachelor's or Master's degree in finance, accounting, business administration, public administration, education, or related industry field
  • Advanced degree in business administration, public administration, or finance preferred but not required
  • 8 - 15+ years of experience in financial management or consulting, with a focus on education finance and sustainability
  • Demonstrated academic research experience including collecting and analyzing qualitative and/or quantitative data, and synthesizing findings for papers, presentations, or publications
  • Familiarity with higher education environments, including experience working with colleges or universities, understanding academic systems, or supporting programs, policies, or stakeholders within a higher education setting
  • Excellent problem-solving and analytical skills
  • Ability to clearly convey analysis in written and spoken form
  • Strong communication and collaboration skills with the ability to work effectively with education institution leaders and staff
  • Ability to work independently and manage multiple projects simultaneously
  • Demonstrated commitment to equity and social justice in education

Pay

The following annual base salary ranges are dependent on several variables including but not limited to education, experience, skills, and geography:

  • Director: $150,000-$225,000
  • Senior Director: $175,000-$275,000

In addition, A&M offers a discretionary bonus program based on individual and firm performance.

Benefits

  • Healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages
  • 401(k) retirement plan with discretionary employer contribution
  • Paid time off including:
    • Vacation (amount varies based on tenure and role type)
    • Personal days (amount varies based on tenure and role type)
    • 72 hours of sick time (prorated for part-time employees)
    • 10 federal holidays
    • 1 floating holiday
    • Parental leave

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